Samco Vs ICICI Direct
Samco
Samco Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software 2024, Demat Account Charges and Samco also give overview on NRI Account, Branches, Customer Support, Advantages and Disadvantages.
ICICI Direct
ICICI Direct is a full service Broker. ICICI Direct gives an overall review and updates about Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Samco Vs ICICI Direct - Broker Details
| Samco | ICICI Direct | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2015 | 1995 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE and NSE. |
| Branches | Zero | 250+ |
| Brokerage | ₹20/Order or 0.2% | Prime Plan: ₹900/- |
| Broker Type | Discount Broker | Full service Broker |
| Call Back Open Account | Call Back Open Account |
Samco Vs ICICI Direct - Account Opening & AMC Charges
| Samco | ICICI Direct | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹400 ( 2nd year onwards ) | ₹700 (From 2nd Year) | ₹300 for Neo Customers |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account | Call Back Open Account |
Samco Vs ICICI Direct - Brokerage charges & Plans
| Samco | ICICI Direct | |
|---|---|---|
| Commodity Futures | ₹20/Order or 0.2% (whichever is lower) | ₹20/ Order |
| Currency Futures | ₹20/Order or 0.2% of gross turnover (whichever is lower) | ₹20/ Order |
| Equity Delivery | ₹20/Order or 0.2% (whichever is lower) | ₹0.09% |
| Equity Options | ₹20/Order | ₹20/ Order |
| Commodity Options | ₹20/Order or 0.2% (whichever is lower) | ₹20/ Order |
| Equity Futures | ₹20/Order | ₹20/ Order |
| Currency Options | ₹20/Order or 0.2% of notional turnover (whichever is lower) | ₹20/ Order |
| Fixed Charges | ₹20/Order | ₹20/ Order |
| Equity Intraday | ₹20/Order or 0.2% of gross turnover (whichever is lower) | ₹20/ Order |
| Call Back Open Account | Call Back Open Account |
Samco Vs ICICI Direct - Other Charges
| Samco | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹50/ Order |
| API Charges | Free | ₹0 (Free) |
| Call & Trade Charges | ₹20/Order | ₹50/ Order |
| Other Brokerage Charges | ₹20/Order | Prime Plan: ₹900/- |
| Minimum Brokerage | ₹20/Order | ₹20/ Order |
| Call Back Open Account | Call Back Open Account |
Samco Vs ICICI Direct - Transaction Charges
| Samco | ICICI Direct | |
|---|---|---|
| Currency Options | NSE - ₹40/ Lacs (0.040%) on Premium Value | Exchange turnover charge: 0.04% |Clearing charge: 0.025% |
| Equity Futures | NSE - ₹2 per Lacs (0.0020%) | BSE - ₹1 per trade | NSE: 0.002% |
| Equity Intraday | NSE - ₹3.45/Lacs (0.00345%) | BSE - ₹3.45/Lacs (0.00345%) | NSE: 0.00345% | BSE: 0.00345% |
| Equity Options | NSE - ₹53/ Lacs (0.053%) on Premium | BSE - ₹1/ trade | NSE: 0.053% |
| Commodity | MCX - Non Agri:- ₹2.6/ Lacs (0.0026%) | MCX - Agri:- ₹1.75/ Lacs (0.00175%) | NCDEX - A:- ₹3.5/ Lacs (0.0035%) | NCDEX - B:- ₹1.25/ Lacs (0.00125%) | Non-Agri: Exchange turnover charge: 0.0026% |
| Currency Futures | NSE - ₹1.10/ Lacs (0.0011%) | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% |
| Equity Delivery | NSE - ₹3.45/ Lacs (0.00345%) | BSE - For A Group and B Group | Shares – ₹1/ Trade | For other groups - ₹3.45/ Lacs (0.00345%) | For XC, XT, XD, Z and ZP – ₹100/ Lacs (0.1%) | For R and P Group – ₹1000 / Lacs (1.0%) | 0.00345% trade on buy & sell |
| Call Back Open Account | Call Back Open Account |
Samco Vs ICICI Direct - Margin (Exposure)
| Samco | ICICI Direct | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account | Call Back Open Account |
Samco Vs ICICI Direct - Features
| Samco | ICICI Direct | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency:- 4:30 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | • SAMCO Trader- Desktop trading platform • StockNote Web- Browser based online trading website. • StockNote Application • StockNote API- Algo-trading software. • Stock Basket- Investment platform • RankMF- Direct Mutual Fund Investment Platform • SAMCO Star- Back Office software. | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account | Call Back Open Account |
Samco Vs ICICI Direct - Review & Rating
| Samco | ICICI Direct | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account | Call Back Open Account |
Samco Vs ICICI Direct - Request a call back from Broker
| Samco | ICICI Direct | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Samco Vs ICICI Direct - Investment Options
| Samco | ICICI Direct | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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| Call Back Open Account | Call Back Open Account |
Samco Vs ICICI Direct - Order Type
| Samco | ICICI Direct | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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| Call Back Open Account | Call Back Open Account |
Samco Vs ICICI Direct - Research & Report
| Samco | ICICI Direct | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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| Call Back Open Account | Call Back Open Account |
Samco Vs ICICI Direct - Daily Market Report
| Samco | ICICI Direct | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account | Call Back Open Account |
Samco Vs ICICI Direct - Suitable For Investor
| Samco | ICICI Direct | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account | Call Back Open Account |
Samco Vs ICICI Direct - Pros & Cons
| Samco | ICICI Direct | |
|---|---|---|
| Pros | 1. Samco Securities is full of advanced features and has many advantages. Some of the advantages are as follows: 2.Variety of Margin products available for traders. 3. Instant and 100% paperless account opening. 4.User-friendly trading platforms. 5. Zero charges on demat account opening. 6. Free trading platforms. 7. Brokerage charges @flat Rs. 20 per executed order. 7. 15x leverage in over 500+ stocks for Equity Intraday trading. 8. Availability of bracket order and cover order to manage risk. 9. Trade from any place all over the India. | 1. It facilitates its customers by providing an integrated three-in-one account. 2. ICICI direct manages the customer’s demat and bank accounts by transferring the money to the broker’s pool or toward deposits. 3. The investments can be made in online in IPOs, Mutual Funds, GOI Funds and the postal savings schemes all of it from one website. 4. It allows trading at both the national exchanges i.e. NSE and BSE. |
| Cons | 1. Branches are not available for local support. 2. High pledge demat charges. | 1. The brokerage of ICICI direct is high and not negotiable. 2. It does not offer commodity trading. 3. The minimum brokerage as the standard I-Secure plan is ₹20/Order that is high for the traders making small trades. 4. ICICI Direct provides ₹0.05 per share brokerage on the stocks quoting up to ₹10. It becomes difficult to trade in the penny stocks. 5. It charges ₹50 per call for the call and trader after first 20 free calls in a month. |
| Call Back Open Account | Call Back Open Account |
Samco Vs ICICI Direct - Background
| Samco | ICICI Direct | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Samco Vs ICICI Direct - Compare All Brokers
| Samco | ICICI Direct | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Samco Vs ICICI Direct - STT/CTT
| Samco | ICICI Direct | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Equity Options | 0.05% only on sell | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% only on sell | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell trade | 0.05% on sell side |
| Call Back Open Account | Call Back Open Account |
Samco Vs ICICI Direct - Demat transaction charges
| Samco | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + Gst per scrip | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
| Call Back Open Account | Call Back Open Account |
Samco Vs ICICI Direct - GST
| Samco | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges + CM Charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
| Call Back Open Account | Call Back Open Account |
Samco Vs ICICI Direct - SEBI Charges
| Samco | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account | Call Back Open Account |
Samco Vs ICICI Direct - Account Opening & AMC Charges
Samco
ICICI Direct
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹400 ( 2nd year onwards )
₹700 (From 2nd Year) | ₹300 for Neo Customers
Trading Account AMC
₹0 (Free)
₹0 (Free)
Samco Vs ICICI Direct
| Samco | ICICI Direct | |
|---|---|---|
Samco Review | Brokerage Charges, Account OpeningIncorporated in 2015, Samco is a Mumbai based stockbroker of India that took over Samruddhi Stock Brokers Limited and renamed it to Samco Securities Limited. Founded by Mr. Jimeet Modi, Samco is one of the fastest growing stock brokers of India. samco securities is a SEBI registered company and a proud member of BSE, NSE, NCDEX and MCX. Stock basket Samc .. + " Vs "+ ICICI Direct |
ICICI Direct Review | Brokerage Charges, Account OpeningWith ICICIdirect, you can access retail trading and investment services from India's largest and most trusted stock broker, ICICI securities. It offers customers diverse online trading and investment services through its ICICIdirect platform.
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ICICI Direct
ICICI Direct is a full service Broker. ICICI Direct gives an overall review and updates about Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Samco Vs ICICI Direct - Brokerage charges & Plans
| Samco | ICICI Direct | |
|---|---|---|
| Commodity Futures | ₹20/Order or 0.2% (whichever is lower) | ₹20/ Order |
| Currency Futures | ₹20/Order or 0.2% of gross turnover (whichever is lower) | ₹20/ Order |
| Equity Delivery | ₹20/Order or 0.2% (whichever is lower) | ₹0.09% |
| Equity Options | ₹20/Order | ₹20/ Order |
| Commodity Options | ₹20/Order or 0.2% (whichever is lower) | ₹20/ Order |
| Equity Futures | ₹20/Order | ₹20/ Order |
| Currency Options | ₹20/Order or 0.2% of notional turnover (whichever is lower) | ₹20/ Order |
| Fixed Charges | ₹20/Order | ₹20/ Order |
| Equity Intraday | ₹20/Order or 0.2% of gross turnover (whichever is lower) | ₹20/ Order |
| Call Back Open Account | Call Back Open Account |
Samco Vs ICICI Direct - Margin (Exposure)
| Samco | ICICI Direct | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account | Call Back Open Account |
Samco Vs ICICI Direct - Other Charges
| Samco | ICICI Direct | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹50/ Order |
| API Charges | Free | ₹0 (Free) |
| Call & Trade Charges | ₹20/Order | ₹50/ Order |
| Other Brokerage Charges | ₹20/Order | Prime Plan: ₹900/- |
| Minimum Brokerage | ₹20/Order | ₹20/ Order |
| Call Back Open Account |
Samco Vs ICICI Direct - STT/CTT
| Samco | ICICI Direct | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Equity Options | 0.05% only on sell | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% only on sell | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell trade | 0.05% on sell side |
| Call Back Open Account |
Samco Vs ICICI Direct - Demat transaction charges
| Samco | ICICI Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + Gst per scrip | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) |
| Call Back Open Account |
Samco Vs ICICI Direct - GST
| Samco | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges + CM Charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
| Call Back Open Account |
Samco Vs ICICI Direct - SEBI Charges
| Samco | ICICI Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
Samco Vs ICICI Direct - Features
| Samco | ICICI Direct | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency:- 4:30 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | • SAMCO Trader- Desktop trading platform • StockNote Web- Browser based online trading website. • StockNote Application • StockNote API- Algo-trading software. • Stock Basket- Investment platform • RankMF- Direct Mutual Fund Investment Platform • SAMCO Star- Back Office software. | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account | Call Back Open Account |